Lincoln Benefit Life Co is being acquired by Global Bankers Insurance Group affiliate

Global Bankers Insurance Group, LLC is an affiliate of Eli Global LLC,
neither of which we rate.

We also have limited information about
LBL's strategic importance within GBIG. We currently do not rate GBIG or any
of its subsidiaries. To resolve the CreditWatch, we will need a significant
amount of information from GBIG and Eli Global,LLC to determine their
creditworthiness and LBL's role within the organization. We do not expect this
transaction to close before end of 2017.